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The key issues of the US encryption legislation in 2025 include the Stablecoin Act and the FIT21 Act

The key issues of the US encryption legislation in 2025 include the Stablecoin Act and the FIT21 Act

Bitget2024/12/26 12:35

According to The Block, the US Congress may push for cryptocurrency legislation in 2025, which is expected to be the most supportive of the crypto industry so far. After being elected president, Trump has repeatedly promised to support cryptocurrencies. Key issues include stablecoin bills and FIT21 bills, focusing on regulatory frameworks and decentralized standards respectively. Taxation will become a key issue, including adjustments to tax rules for pledge rewards. Meanwhile, a senator from Wyoming proposed establishing a national Bitcoin reserve but lacks widespread support. The opposition stance of Democratic Senator Elizabeth Warren could pose challenges to the legislative process.

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